Results tagged “deutschebank”

Things are getting rough for Donald Trump as the lead lender on his tower going up downtown has filed suit, seeking to collect $40 million in guarantees Trump made about the building. The suit was filed Friday by Deutsche Bank Trust Co. Americas, claiming Trump has defaulted on the $640 million loan when he didn't pay off the remaining $334.2 million to the bank and other lenders by November 7. Trump has previously filed suit against the lenders in which he "asked a judge to uphold a so-called force majeure clause in the loan agreement, which permits an extension due to an extraordinary event — in this case, the global financial crisis, according to the complaint."

With unseasonable weather descending upon much of North America, schools getting ready to reconvene, and sports seasons getting exciting, it's a busy time of year for us here in the Ist-A-Verse. Luckily, even with all the things we have to do, we still managed to get together to let you know what we've all been up to. After cooling down from a hot weekend of many badass Sunset Junction Street Fair photo dispatches, LAist asked...